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Which of the following describes a situation in which government spending exceeds its revenue?

budget deficit


What if the following describes a situation in which there would be a decreasing marginal utility?

Buying a second winter coat.


Which of the following describes a situation where the goal of security is being pursued?

The government establishes a retirement program for its citizens.


Which describes a situation where competition between producers exist?

two or more producers are trying to sell the same good or service to the same consumers


Which of the following describes a situation in which a president negotiates a deal directly between the executive branch and a foreign government?

an executive agreement


Describe the four stages of the competition model?

4 stages of competition: 1: Objective competition situation 2: Subjective competition situation 3: Response 4: Consequence


Which of the following accurately describes the effect of a situation of scarcity?

Theres a shortage of oil, pushing car companies into researching alternative fuels


Which of the following terms describes a situation in which the issues that divide the political parties change in a way that cuts across existing political coalitions?

a realignment


Which of the following describes a situation in which a president uses the media attention given to the president's office to build support for policy proposals?

going public


Which of the following accuratly describes a situation in which consumers have elastic demand?

People give up eating pasta and bread because they want to lose weight


Which of the following describes a situation in which legislators pay close attention to a bureaucracy with consistent fact-finding trips, interviews, audits, and calls?

police patrol oversight


Which of the following describes a situation in which legislators monitor a bureaucratic organization only after someone complains or a problem of implementation has been brought to their attention?

fire alarm oversight